European Parliament Library

Mexico :, Review Under the Flexible Credit Line Arrangement: Staff Report; and Press Release on the Executive Board Discussion

Mexico’s policy stance has focused on balancing domestic and external conditions, supporting the recovery while rebuilding policy buffers through fiscal consolidation and reserve buildup. Growth has remained resilient during the first half of 2011 and is expected to continue into 2012, albeit at a more moderate pace. Downside risks remain elevated, associated with possibly protracted low growth in the United States and bouts of heightened global risk aversion from unsettled market conditions in Europe. The Mexican peso has depreciated by about 8 percent in nominal effective terms since the beginning of the turmoil in Europe
Table Of Contents
Cover; Contents; I. Context; II. Economic and Policy Development Since the Last Article IV; III. Risks to the Outlook; IV. Review of Qualifications; Box; 1. FSSA Main Findings; V. Safeguard Assessment; VI. Staff Appraisal; Figures; 1. Recent Economic Developments; 2. Qualification Criteria; 3. Gross Public Debt Sustainability: Bound Tests; 4. External Debt Sustainability: Bound Test; Tables; 1. Selected Economic, Financial and Social Indicators, 2007-2012; 2. Financial Operations of the Public Sector, 2007-2016; 3. Summary Balance of Payments, 2007-2016
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (23 p.)
Specific Material Designation
Form Of Item

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